Cornerstone Wealth Group LLC Buys Shares of 458,939 Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Cornerstone Wealth Group LLC purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 458,939 shares of the company’s stock, valued at approximately $28,482,000. Schwab US Large-Cap ETF makes up approximately 2.6% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 6th biggest position. Cornerstone Wealth Group LLC owned about 0.07% of Schwab US Large-Cap ETF as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SCHX. FMR LLC increased its stake in shares of Schwab US Large-Cap ETF by 21.3% during the 3rd quarter. FMR LLC now owns 221,627 shares of the company’s stock worth $11,214,000 after purchasing an additional 38,925 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in Schwab US Large-Cap ETF by 32.0% during the third quarter. O Shaughnessy Asset Management LLC now owns 8,096 shares of the company’s stock worth $410,000 after buying an additional 1,962 shares during the last quarter. Mather Group LLC. raised its holdings in Schwab US Large-Cap ETF by 14.2% during the third quarter. Mather Group LLC. now owns 10,724 shares of the company’s stock valued at $543,000 after buying an additional 1,337 shares in the last quarter. Ironwood Investment Counsel LLC raised its holdings in Schwab US Large-Cap ETF by 30.7% during the third quarter. Ironwood Investment Counsel LLC now owns 11,722 shares of the company’s stock valued at $593,000 after buying an additional 2,752 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Schwab US Large-Cap ETF by 12.0% in the third quarter. Jones Financial Companies Lllp now owns 199,378 shares of the company’s stock worth $10,089,000 after buying an additional 21,344 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX traded down $0.26 during mid-day trading on Friday, reaching $64.25. 2,362,195 shares of the company traded hands, compared to its average volume of 1,738,162. The company’s fifty day moving average is $62.45 and its two-hundred day moving average is $60.13. Schwab US Large-Cap ETF has a fifty-two week low of $48.31 and a fifty-two week high of $64.99. The stock has a market cap of $41.88 billion, a PE ratio of 26.53 and a beta of 1.02.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.